RE: wLEO is off to a tremendous start on Uniswap!

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wLEO is off to a tremendous start on Uniswap!

in crypto •  4 years ago 

I think wrapped coins and tokens are the future... Cryptocurrencies that don't support smart contracts are wrapped on platforms that do and their audience increases exponentially...

Another thing of 2020 and 2021 is of course token bridges, essentially same token is added to multiple platforms and bridged together. This will eventually crash network fees on platforms like Ethereum as too high fees will push users to other platforms.

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  ·  4 years ago  ·  

Well ETH 2.0 deals with fees pretty well...

  ·  4 years ago  ·  

I haven't read a lot about ETH 2.0 yet... I will though when I have more time, but now my main focus is on planning what my own company will do in next 12 months...

  ·  4 years ago  ·  

Ether is moving to proof of stake from proof of work... fees will be substantially reduced.

  ·  4 years ago  ·  

I did read about switch to PoS, but didn't really like the minimum limit for staking... I guess there will be staking pools like already for smaller coins...

  ·  4 years ago  ·  

I'm sure there will be...

  ·  4 years ago  ·  

If the 32 ETH minimum for staking stays, a lot of ETH holders stay below it without staking pool... It's just a matter of time that staking pools appear...

  ·  4 years ago  ·  

Yep, they for sure will. They don't have to stake though, it's like steem and powering up steem, you don't have to power it up.

  ·  4 years ago  ·  

I really don't care about the details how it will work on Ethereum... I will hold some Ethereum on my personal wallets and use some for trading on C-PatEx... If C-PatEx adds Ethereum staking pool, I might use it as I'm using staking pool for other PoS coins there too...